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Business, 03.03.2020 20:48 nylaboo2222

On January 1, 2021, Splash City issues $430,000 of 8% bonds, due in 15 years, with interest payable semi annually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $394,979.

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On January 1, 2021, Splash City issues $430,000 of 8% bonds, due in 15 years, with interest payable...
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